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>Revenue in the business rose 5 percent to $391 million, but came in below analysts' average estimate of $442.1 million, according to financial data and analyti
by Zelmor 9y ago
>Revenue in the business rose 5 percent to $391 million, but came in below analysts' average estimate of $442.1 million, according to financial data and analytics firm FactSet.
It is a mad world in which "not enough profit" equates to failure. They made a profit, gained market share, started something new. Still, hedge fund managers and investors are selling their shares.
People want to make money for its own sake, no matter what gets exploited. Being a middle performer is no longer acceptable, but no one seems to stop and think WHY.
In just 20 years they will be spending their money on canned fresh air. There is a moral in that somewhere.
- appetizer 9y agoand their children will experience greater longevity, clearer thoughts, greater stamina and overall physical fitness than the families that can't afford canned fresh air worth itttt also dont try to equate too much to share price after earnings. a large market participant decided that this latest information no longer justifies the current share price, which had floated around at a price while there was no information.
- phlipski 9y agoAMD has lost money for the past 5 years. They still lost money last quarter - they just haven't lost as much money as previous quarters/years. Now your sentiment with regards to the brutality and short term thinking of the stock market has some validity - IMO. But in this mad world (to quote you) I'd argue that AMD has already failed. I've long wondered how the hell AMD is still in business given the losses over the past 5 years. That's not an indictment against the good engineers there - just a simple business judgement. How can a company lose that much money in 5 years and STILL be in business. And for the record - I'm looking at you too UBER!
- danderino 9y agoTheir stock has grown like 7 fold in a year. This is just aligning expectations.